Friday, January 24, 2025
Biden administration plans minimal Alaska oil lease sale- oil and gas 360

Biden administration plans minimal Alaska oil lease sale

(Oil Price) – The Biden Administration plans to offer the minimal possible acreage in a Congress-mandated oil and gas lease sale in the coastal plain of Alaska’s Arctic National Wildlife Refuge, the Bureau of Land Management (BLM) said late on Wednesday. The BLM is required in the 2017 Tax Act by Congress to hold two lease sales in the Coastal Plain within seven